The Truth Behind No Closing Costs and No PMI

Hiding fees in the interest rate… the REAL truth behind ‘no closing cost loans’ and ‘no PMI on down deposits less than 20%’ My old Branch Manager used to tell me, “There’s never a sale on money.” It goes along with the adage, ‘if it’s too good to be true, it probably is.’ I’ve spent […]

Is Now a Good Time to Buy?

We’re in Spring of 2018, and home prices throughout Southern California are reaching all-time highs due to high demand, low inventory, low mortgage interest rates, and a strong economy. Lately, mortgage rates have been on the rise, which has slightly hurt affordability levels. Many San Diegans are on the fence on whether to buy or […]

Is the 7-year fixed period ARM the best loan product on the market?

I believe so. Over 95% of NGG’s client portfolio contains 30yr fixed rate mortgages. So why do I feel the 7-year fixed period ARM is the best product on the market? In comparison, the 7-year fixed period ARM outperforms a 30-year fixed rate mortgage over a (13) year period, even considering the 7-year ARM’s adjustment […]